India Rice Mill Market 2022 Key Players Analysis, In-Depth Research Study, Competitive Landscape and Forecast to 2030 – Instant Interview
The recent research report published by Report Ocean provides insight into the rice factory in india Market. According to this published competitive intelligence analysis, the global market rice factory in india The market is predicted to witness a promising rise in annual revenue (USD in Mn) in 2021. A comprehensive overview and insights into possible future scenarios for the global market are provided in this study.
Market analysis
The report provides an in-depth study of this market, considering current events, trend projections, planned company openings, and data-driven forecast (2022-2030). This research offers a more comprehensive perspective of market dynamics by focusing on product and geographic interpretations. In addition to examining the importance of this area, the study supports market expectations.
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Market overview
Important data on the current and forecasted revenue of the major international players in the industry, as well as the goods they provide under the rice factory in india landscape, will also be included in our in-depth analysis. The report provides an easy-to-understand breakdown of competitive frameworks such as Porter’s Five Forces Analysis, SWOT Analysis, and PESTLE Analysis to provide a deeper understanding of the many aspects that support the research findings.
The in-depth analysis of this detailed report will provide supply, demand and production data for all facets of the industry. This global report on rice factory in india includes regions such as Asia-Pacific, Europe, Middle East, Africa, North America and South America.
Indian rice milling market held a market value of USD 62.8 million in 2020 and is expected to reach USD 77.7 million by 2027. The market is expected to register a growth rate of 3.1% over the projected period.
Market overview
Rice milling is a post-production process of rice, which involves rubbing the rice surface against another rice surface, where the mystified air acts as a lubricant between the 2 surfaces. The market is witnessing significant growth owing to factors such as increasing investment in technological upgrading and modernization of rice mills in India. Additionally, supportive government policies and programs are also expected to boost the market growth. The market is expected to be negatively influenced by huge initial investments.
Growth Influencers:
Supporting government policies and programs
In 2020, the Indian government extended price support to paddy through state supply agencies and the Food Corporation of India (FCI). Rice producers have an alternative to sell their production to state agencies/FCI at the minimum support price or on the open market if it is beneficial to them. Food grains, including rice, procured by state agencies are eventually picked up by the FCI for distribution under the Targeted Public Distribution System (TPDS) and other similar social protection programs in the country.
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Presentation of the segments:
The Indian rice milling market is segmented into equipment and capacity.
By equipment,
rice whitening machines
Pre-cleaning machines
Paddy separating machines
Length Grader Machinery
Others
The rice whitening machine segment is expected to hold the largest market share in 2020 due to its high adoption in every rice mill process for the removal of rice crop bran. The length leveling machine segment is expected to witness the fastest growth rate of around 4.1% due to advancements in technology to separate broken rice from long and brown rice.
By Capacity,
1 to 10 tons
10 to 20 tons
More than 20 tons
The 1-10 ton segment is estimated to hold the largest market share owing to the high demand for 1-10 ton capacity rice machines. The 10-20 ton and over 20 ton capacity milling machine segment is also expected to witness significant growth during the projected period.
Competitive landscape
The major players operating in the Indian rice mill market are Bhler India, GG, Dandekar Machine Works Ltd., Satake Corporation, Savco Sales Pvt Ltd., GS International, Fowler Westrup, Mill Master Machinery Pvt Ltd., Perfect Equipment, Patkar Engineers and Other top players.
The top 5 market players hold around 52% of the market share. These market players invest in product launches, collaborations, mergers and acquisitions, and expansions to create a competitive advantage in the market. For example, in January 2021, Buhler acquired Design Corrugating Companies and expanded its service centers. Design Corrugating Companies is a company specializing in rolling mills and other equipment service companies in the United States. Additionally, in September 2019, Satake Corporation launched SYSTEM 3.0 in the Asian and African region. The product is a semi-assembled rice mill which includes receiving, pre-cleaning, hulling, crushing, optical sorting and packing equipment. This has strengthened the position of Satakes overseas product brand named REACH.
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The India Rice Mill Market report provides pointer information below:
Market Penetration: Provides comprehensive market insights offered by major players
Market Development: The report offers detailed information on lucrative emerging markets and analyzes penetration in mature segments of the markets.
Market Diversification: Provides detailed information on untapped geographies, recent developments and investments
Competitive Landscape Assessment: Mergers and acquisitions, certifications, product launches in the Indian rice milling market have been provided in this research report. In addition, the report also emphasizes on the SWOT analysis of key players.
Product Development and Innovation: The report provides smart insights into future technologies, R&D activities and breakthrough product developments
The India rice mill market report answers questions like:
What is the market size and forecast of the Indian rice mill market?
What are the inhibiting factors and impact of COVID-19 on the Indian Rice Mill Market during the assessment period?
What are the products/segments/applications/areas to invest in during the assessment period in the Indian rice milling market?
What is the competitive strategic window for opportunities in the Indian Rice Mill Market?
What are the technological trends and regulatory frameworks in the Indian rice milling market?
What is the market share of the major players in the Indian rice mill market?
What modes and strategic moves are considered favorable for entering the Indian rice milling market?
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